Oneview Healthcare (ASX:ONE) Days Inventory : 183.22 (As of Dec. 2023)

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What is Oneview Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oneview Healthcare's Average Total Inventories for the six months ended in Dec. 2023 was A$2.79 Mil. Oneview Healthcare's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.78 Mil. Hence, Oneview Healthcare's Days Inventory for the six months ended in Dec. 2023 was 183.22.

The historical rank and industry rank for Oneview Healthcare's Days Inventory or its related term are showing as below:

ASX:ONE' s Days Inventory Range Over the Past 10 Years
Min: 36.18 Med: 58.32 Max: 193.35
Current: 174.09

During the past 8 years, Oneview Healthcare's highest Days Inventory was 193.35. The lowest was 36.18. And the median was 58.32.

ASX:ONE's Days Inventory is ranked worse than
91.7% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs ASX:ONE: 174.09

Oneview Healthcare's Days Inventory increased from Dec. 2022 (102.26) to Dec. 2023 (183.22). It might indicate that Oneview Healthcare's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oneview Healthcare's Inventory Turnover for the six months ended in Dec. 2023 was 1.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Oneview Healthcare's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.

Oneview Healthcare Days Inventory Historical Data

The historical data trend for Oneview Healthcare's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oneview Healthcare Days Inventory Chart

Oneview Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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57.60

36.18

38.31

97.95

193.35

Oneview Healthcare Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											26.21	122.07	102.26	142.44	183.22

Competitive Comparison of Oneview Healthcare's Days Inventory

For the Health Information Services subindustry, Oneview Healthcare's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Oneview Healthcare's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oneview Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oneview Healthcare's Days Inventory falls into.

Oneview Healthcare Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Oneview Healthcare's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.928	+	3.651)	/	2 )	/	5.266	*	365
=	2.7895					/	5.266	*	365
=	193.35

Oneview Healthcare's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.923	+	3.651)	/	2 )	/	2.776	*	365 / 2
=	2.787					/	2.776	*	365 / 2
=	183.22

Oneview Healthcare (ASX:ONE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Oneview Healthcare's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.776	/	2.787
	=	1.00

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Oneview Healthcare's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.787	/	8.213
	=	0.34

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Oneview Healthcare Days Inventory Related Terms

Thank you for viewing the detailed overview of Oneview Healthcare's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Oneview Healthcare (ASX:ONE) Business Description

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ONVVF:USA

Address

Temple Road, 2nd Floor, Avoca Court, Blackrock Co, Dublin, IRL, A94 R7W3

Website

https://www.oneviewhealthcare.com

Oneview Healthcare PLC provides patient engagement and clinical workflow technology solutions to healthcare facilities. It provides various solutions such as Inpatient Solution, Outpatient Solution, Clinical Pathways, and others. The company generates its revenue in the form of software usage and content revenue, support income, and license fees. Geographically the company operates in Ireland, the United States, Australia, and the Middle East, and Asia. Generating, a majority of its revenue is from Australia. The group has one reportable segment which provides a patient engagement solution for the healthcare sector.

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